Fuelcell Energy (FCEL) Debt Ratio (2010 - 2026)

Fuelcell Energy (FCEL) reported Debt Ratio of 0.02 for Q2 2026, down 10.81% on a YoY basis from 0.02 in Q2 2025, and down 4.91% sequentially from 0.02 in Q1 2026.

Fuelcell Energy (FCEL) Debt Ratio (2010 - 2026) Analysis & Trends

Fuelcell Energy (FCEL) has 17 years of Debt Ratio data on file, last reported at 0.02 in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 10.81% year-over-year to 0.02; the trailing twelve-month figure through Apr 2026 stood at 0.02 (down 10.81% YoY), and the FY2025 full-year result was 0.02, up 0.8% from the prior year.
  • Debt Ratio fell to 0.02 in Q2 2026, from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.02 in Q3 2025 to a low of 0.01 in Q3 2023.
  • A 5-year average of 0.01 and a median of 0.01 in 2022 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio sank 56.95% in 2022 and surged 68.44% in 2025, its largest moves.
  • Tracing FCEL's Debt Ratio over 5 years: stood at 0.01 in 2022, then declined by 24.98% to 0.01 in 2023, then jumped by 60.09% to 0.02 in 2024, then increased by 0.8% to 0.02 in 2025, then grew by 1.72% to 0.02 in 2026.
  • Business Quant data shows FCEL's Debt Ratio at 0.02 in Q2 2026, 0.02 in Q1 2026, and 0.02 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Electrovaya 402.48 Bn 402.45 Bn 6.04 Mn 0.30
2 Vertiv Holdings 106.95 Bn 104.45 Bn 999.70 Mn 0.22
3 Bloom Energy 50.83 Bn 48.34 Bn 225.54 Mn -
4 Hubbell 25.55 Bn 25.03 Bn 505.30 Mn 0.31
5 nVent Electric 23.46 Bn 23.27 Bn 445.60 Mn 0.22
6 Advanced Energy Industries 10.71 Bn 10.02 Bn 200.90 Mn 0.44
7 Acuity Inc. (De) 10.03 Bn 9.62 Bn 606.40 Mn 0.15
8 Powell Industries 7.87 Bn 7.33 Bn 87.94 Mn -
9 EnerSys 6.97 Bn 6.53 Bn 290.87 Mn 0.28
10 Fuelcell Energy 1.13 Bn 760.38 Mn -12.93 Mn 0.02

Historic Data

Download Data
DateValue
Apr 30, 2026 0.02
Jan 31, 2026 0.02
Oct 31, 2025 0.02
Jul 31, 2025 0.02
Apr 30, 2025 0.02
Jan 31, 2025 0.02
Oct 31, 2024 0.02
Jul 31, 2024 0.01
Apr 30, 2024 0.01
Jan 31, 2024 0.01
Oct 31, 2023 0.01
Jul 31, 2023 0.01
Apr 30, 2023 0.02
Jan 31, 2023 0.01
Oct 31, 2022 0.01
Jul 31, 2022 0.01
Apr 30, 2022 0.01
Jan 31, 2022 0.01
Oct 31, 2021 0.01
Jul 31, 2021 0.01